Financial Services

Another cut to interest rates may not help the economy, but it won't hurt it either, the boss of National Australia Bank says.

Export and import prices fell by exactly the same margin in the June quarter.

Oil and gas producer Strike Energy has raised $9.2 million through the sale of new shares to fund the next phase of drilling at its gas project in the Cooper Basin and received its first pre-paymen

The Australian share market has opened approaching half a per cent higher.

The Australian dollar is slightly lower after good US economic data and a Federal Reserve announcement pulled the currency in opposite directions.

US stocks have ended mixed after a busy day of news that included a policy statement from the Federal Reserve and a mixed report on US economic growth.

The Australian dollar is lower following a dovish speech by Reserve Bank boss Glenn Stevens that hinted at another rate cut next week.

The Australian share market has edged higher as investors react to positive news out of China and uncertainty in the United States.

Australian stocks are higher as the market reacts to heightened expectations of an interest rate cut in August.

The Australian dollar has held its ground in offshore trade after suffering a big fall on Tuesday.

US stocks have closed mostly flat, except for Nasdaq's solid gain, as investors await the outcome of a Federal Reserve monetary policy meeting.

The Australian dollar is lower after Reserve Bank governor Glenn Stevens hinted there could be another cash rate cut next week.

The Australian share market has closed flat after light and lacklustre trading as hints of a cash rate cut next week by the Reserve Bank failed to spark major moves.

Australia's top central banker has hinted that interest rates could be cut again to boost business confidence.

The Australian share market is slightly lower in early trading as investors await a key economic meeting and the release of data in the United States later this week.

The Australian dollar is a third of a US cent lower as traders play it safe ahead of the crucial US Federal Reserve meeting later in the week.

US stocks have fallen ahead of a busy week of economic news that includes a Federal Reserve monetary policy meeting and the monthly jobs report.

The Australian share market has outperformed other markets in the Asian region, as strength in the banking sector pushed it higher.

The Australian share market has started the week flat, following a soft lead from the US and weakness in Japanese stocks.

US stocks rallied from intraday lows on Friday, picking up momentum after a dreary open and ending narrowly in the black.

A rally by banking shares has helped the Australian share market shrug off weaker resources stocks and close the week with another rise.

Resource companies are struggling as the Australian market opens flat.

The Australian dollar is higher after disappointing US durable goods data dampened hopes that the Federal Reserve will begin tapering its economic stimulus soon.

US stocks have closed higher as soaring Facebook shares were up 30 per cent, boosting sentiment.

The Australian share market ended the day flat as resources stocks were hit by weaker metals prices and financial stocks rose.

Like the captain of a sinking ship, the days of cheaper petrol, electronics, clothing and overseas travel will go down with the falling Australian dollar.

The Australian share market has opened a quarter of a per cent lower.

US stocks have closed mostly lower, with weak earnings and a gloomy outlook from Caterpillar weighing down the Dow.

Gold has fallen as stronger economic data bolstered the US dollar and fanned worries about the end of US monetary stimulus measures.

The Australian dollar hit a one month high after the release of lower than expected local inflation figures, but later fell on the release of weak Chinese manufacturing figures.

Resource companies have shaken off a slowdown in Chinese manufacturing to help the Australian share market finish firmer.

The Australian share market is a little higher ahead of the release of key inflation figures and data from China.